NORTH EAST FISHERMEN'S TRAINING ASSOCIATION LIMITED

🌳Matureactive
SC278853 · private-limited-guarant-nsc · incorporated 2005-01-25
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£417.9k
book net assets
Opportunity
81/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Technical and vocational secondary education
Sector: Education
Investor take
Pursue
Asset-holding vehicle with a 77-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
34 officers (9 active, 34 linked, 26 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £417,898
Cash YoY
+3%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£391k
↑ 2.5% YoY
Net Worth
£418k
↑ 1.3% YoY
Current Assets
£411k
↑ 2.3% YoY
Current Liabilities
£0£84k£167k£251k£334k£418kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£417.9k£412.6k
Current assets£411.1k£401.8k
Cash£391.0k£381.4k
Debtors£20.0k£20.5k
Net assets£417.9k£412.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
5
filings
  • 4 officers
  • 1 confirmation-statement
Last 180 days
5
filings
  • 4 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (79 events)Click to expand
  1. 2026-03-04
    MILNE, David Taylor appointed
    director
  2. 2026-03-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-02-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-02-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-02-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-09-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2025-09-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2025-08-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-08-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-07-24
    BELLANY, David Alexander appointed
    director
  11. 2025-07-24
    TAIT, Nicholas resigned
    director
  12. 2025-01-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-01-24
    BALGOWAN, Ian James resigned
    director
  14. 2025-01-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2024-05-02
    THAIN, Bruce resigned
    director
  17. 2024-02-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-02-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2024-02-05
    WEST, Alexander George appointed
    director
  20. 2024-02-05
    GATT, Ian resigned
    director
  21. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2022-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2021-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2021-05-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2021-05-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2020-09-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  27. 2020-09-01
    WEST, George appointed
    director
  28. 2020-06-18
    MILNE, David Taylor resigned
    director
  29. 2020-06-18
    TAIT, Nicholas appointed
    director
  30. 2020-06-18
    WEST, George Robertson resigned
    director
  31. 2018-11-09
    CARDNO, Derek Alister appointed
    director
  32. 2018-11-09
    WEST, Jonathan Peter William appointed
    director
  33. 2018-11-09
    TAYLOR, Graham Joseph resigned
    director
  34. 2018-11-09
    WISEMAN, Alexander resigned
    director
  35. 2018-08-08
    CAMPBELL, Andrew appointed
    director
  36. 2018-03-31
    SCOTT, John Sutherland resigned
    director
  37. 2016-04-28
    DOUGAL, Robert Ross resigned
    director
  38. 2015-01-29
    TAYLOR, Graham Joseph appointed
    director
  39. 2014-07-31
    BROWN, James Hamilton resigned
    director
  40. 2013-11-30
    WATT, James resigned
    secretary
  41. 2011-10-27
    DOUGAL, Robert Ross appointed
    director
  42. 2011-07-21
    REID (SNR), James appointed
    director
  43. 2011-07-21
    LOVIE, David resigned
    director
  44. 2010-04-29
    DUTHIE, Derek resigned
    director
  45. 2010-04-29
    GATT, Ian appointed
    director
  46. 2010-04-29
    MILNE, David Taylor appointed
    director
  47. 2009-07-23
    BROWN, James Hamilton appointed
    director
  48. 2009-07-23
    MCPHERSON, Hamish More resigned
    director
  49. 2009-07-23
    NICOL, Philip Aitchison resigned
    director
  50. 2008-11-06
    NICOL, Philip Aitchison resigned
    secretary
Showing most recent 50 of 79 events

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -9 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Education & training · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ABERDEEN STRAIGHT-WAY LIMITED
SC219939 · est 2001 · no financials extracted
24y
ABERTRAINING SERVICES LIMITED
SC695555 · est 2021 · no financials extracted
5y
ACTIVE MEDICINE LTD
SC772967 · est 2023 · no financials extracted
2y
ALFORDZ INTERNATIONAL LTD
SC877275 · est 2026 · no financials extracted
BANBURY CROSS NURSERY LIMITED
SC396469 · est 2011 · no financials extracted
15y
BLESSED MINDS SERVICES LIMITED
SC832884 · est 2024 · no financials extracted
1y
BULLYING RECOVERY AND AWARENESS CIC
SC773768 · est 2023 · no financials extracted
2y
CHI ANMO TRAINING ACADEMY LIMITED
SC797939 · est 2024 · no financials extracted
2y
CHOICES ABERDEEN LIMITED
SC307363 · est 2006 · no financials extracted
19y
CREST TRAINING SERVICES LTD
SC291422 · est 2005 · no financials extracted
20y
DIGITAL MAKER CIC
SC555318 · est 2017 · no financials extracted
9y
DN SPORTS COACHING LTD
SC693695 · est 2021 · no financials extracted
5y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeprivate-limited-guarant-nsc
Incorporated2005-01-25
Jurisdictionscotland
Primary SIC85320 — Technical and vocational secondary education

Registered office

Kinnaird House
South Harbour Road
Fraserburgh
Aberdeenshire
AB43 9TA
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (9 active · 25 resigned)

BELLANY, David Alexander
director · ~41y · appointed 2025-07-24
View their other companies + combined net worth →
Active
CAMPBELL, Andrew
director · ~70y · appointed 2018-08-08
View their other companies + combined net worth →
Active
CARDNO, Derek Alister
director · ~60y · appointed 2018-11-09
View their other companies + combined net worth →
Active
MILNE, David Taylor
director · ~63y · appointed 2026-03-04
View their other companies + combined net worth →
Active
REID (SNR), James
director · ~72y · appointed 2011-07-21
View their other companies + combined net worth →
Active
WEST, Alexander George
director · ~42y · appointed 2024-02-05
View their other companies + combined net worth →
Active
WEST, George
director · ~55y · appointed 2020-09-01
View their other companies + combined net worth →
Active
WEST, Jonathan Peter William
director · ~35y · appointed 2018-11-09
View their other companies + combined net worth →
Active
WISEMAN, William
director · ~77y · appointed 2005-06-10
View their other companies + combined net worth →
Active
MACRAE, George Alexander
secretary · appointed 2005-04-13 · resigned 2005-05-04
Resigned
NICOL, Philip Aitchison
secretary · appointed 2007-09-11 · resigned 2008-11-06
Resigned
PATIENCE, Moyra
secretary · appointed 2005-05-04 · resigned 2007-09-11
Resigned
WATT, James
secretary · appointed 2008-11-06 · resigned 2013-11-30
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2005-01-25 · resigned 2005-01-25
Resigned
BALGOWAN, Ian James
director · ~81y · appointed 2005-06-10 · resigned 2025-01-24
Resigned
BROWN, James Hamilton
director · ~79y · appointed 2009-07-23 · resigned 2014-07-31
Resigned
DOUGAL, Robert Ross
director · ~75y · appointed 2011-10-27 · resigned 2016-04-28
Resigned
DUTHIE, Derek
director · ~58y · appointed 2005-01-25 · resigned 2010-04-29
Resigned
GATT, Ian
director · ~65y · appointed 2010-04-29 · resigned 2024-02-05
Resigned
LOVIE, David
director · ~87y · appointed 2007-01-25 · resigned 2011-07-21
Resigned

Click a director name to see their full track record across all companies.

Recent filings (113 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
change-person-director-company-with-change-date
officers · CH01
2026-02-24
change-person-director-company-with-change-date
officers · CH01
2026-02-24
change-person-director-company-with-change-date
officers · CH01
2026-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-03
appoint-person-director-company-with-name-date
officers · AP01
2025-08-04
termination-director-company-with-name-termination-date
officers · TM01
2025-08-04
termination-director-company-with-name-termination-date
officers · TM01
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-23
termination-director-company-with-name-termination-date
officers · TM01
2025-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
appoint-person-director-company-with-name-date
officers · AP01
2024-02-06
termination-director-company-with-name-termination-date
officers · TM01
2024-02-06